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Red Lobster
Retail | 8,479 SF
Listing Contacts
License: CO FA.100039158
License: CO EA.001321129
Active
Asking Price: $2,650,000
Listing Broker NameSully Stadler
Brokerage NameGreat Street Realty Partners
Address
1604 IL-50, Bourbonnais, IL 60914
Show on MapDate Added
Jul 18, 2024
Days on Market
277 days
Time Since Last Update
25 days
Details
Property TypeRetail
SubtypeRestaurant
Lease TypeNNN
Brand/TenantRed Lobster
Square Footage8,479
Net Rentable (sq ft)8,479
Price/Sq Ft$312.54
Units1
Year Built1991
Year Renovated2008
Buildings1
Stories1
ZoningB-3
Lot Size (acres)2.18
Broker Co-OpYes
INTELLIGENCEMarketing Description
Ground Zero location in Village of Bradley at signalized intersection. Covered Land Play. Red Lobster lease restructure is in process. Landlord Termination agreement. Large lot can accommodate 1 or 2 users. Excellent retail synergy in front of Northfield Square Mall along major north/south corridor. Nearby retailers: Target, Starbucks, Best Buy, Panera.
Investment Highlights
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Red Lobster Lease Restructure Currently in Process
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Landlord Termination Agreement
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End User of Redevelopment Opportunity
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Large Lot on Major Retail Corridor
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Surrounded by National and in Front of Northfield Square Mall
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Loan Amount
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Property History
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Due Diligence
Listing Contacts
- License: CO FA.100039158
- License: CO EA.001321129
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Additional Information
Broker of Record
Sully Stadler
Broker of Record: License Type
IL: No: 471.011764
Broker of Record: Company Name
Great Street Realty Partners
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